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July 22.2025
2 Minutes Read

Discover the Rare Opportunity of San Juan Island’s Waterfront Auction

San Juan Island waterfront auction: stunning home with ocean view.

A Unique Opportunity Awaits: San Juan Island’s Hidden Gem

San Juan Island, known for its stunning vistas and tranquil lifestyle, is the home of a remarkable property that is about to capture the attention of luxury real estate enthusiasts across the nation. The Stern Estate, a 14-acre waterfront compound, is set to auction next month, offering a rare chance for potential buyers to own a piece of this Pacific Northwest paradise.

A Legacy of Vision

The estate’s history is as intriguing as its landscape. Commissioned by the visionary Edgar Stern Jr., a prominent figure in real estate and development, this property reflects a thoughtful design by renowned architect David Finholm. Completed in the late 1980s, the main residence rests majestically upon a bluff and boasts nearly 1,000 feet of captivating ocean frontage over the Haro Strait. Stern's legacy extends beyond architecture; he was also known for his philanthropy and commitment to community enhancement, having donated the estate to the University of Washington before it changed hands.

Luxurious Amenities and Features

Covering approximately 12,000 square feet, the main home features five bedrooms and eight bathrooms, each designed to maximize comfort and entertainment. Entering the home, visitors are welcomed by a grand foyer that leads into a spacious great room, complete with a wood-burning stone fireplace and expansive ocean views. The home's multiple wings provide privacy and functionality, featuring spaces meant for relaxation, work, and entertainment, including a library, a media room, and an art gallery—a true haven for art lovers and families alike.

Changing Hands: What’s Next for Buyers?

After being listed for nearly $11 million and undergoing significant price adjustments, the property is now heading to no-reserve auction under the auspices of Elite Auctions, a procedure that will intrigue savvy bidders. This innovative approach to selling high-end real estate allows for dynamic bidding and opens the floor to a wider array of potential buyers, which may finally lead to a successful sale where vision meets opportunity.

Why This Auction Matters

For potential buyers, particularly those in affluent areas like Philadelphia, the auction presents an exciting opportunity not just to purchase a home but to invest in a lifestyle. The serene ambiance of San Juan Island combined with its luxurious comforts exemplifies the ultimate vacation destination or a permanent retreat from the hustle of urban life. This property becomes not just a home, but a celebration of life, nature, and legacy.

A Call to Action for Interested Buyers

If you find the allure of San Juan Island's waterfront living beckoning to you, now is the time to explore the possibilities. The auction is just around the corner, and with no reserve set, the potential to acquire this extraordinary estate makes this an opportunity not to be missed. Stay tuned for more information about how you can participate in this exciting event and take a step toward owning a piece of paradise.

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